Total factor productivity (TFP) growth allows for additional health care services under restricted resources. We … examine whether hospital policy can stimulate hospital TFP growth. We exploit variation across German federal states in the …), ownership, medical students, and hospital investment funding. We show that TFP growth in German hospital care reflects quality …

The paper analyses the causal effect of capital subsidies on firms' efficiency and productivity by exploiting the … decomposition of TFP can be applied to a large sample of subsidized firms for a relevant period of time, allowing to evaluate either … evolves over time, enabling to decompose productivity changes into the change in technical efficiency (i.e., measuring the …

traditional macro approach to estimating the determinants of total factor productivity (TFP) does not handle them well. To counter … these problems, this paper proposes applying an augmented macro-theoretical model to estimate the determinants of TFP by … jointly considering the effects of R&D and the impact of non-R&D innovation activities on the productivity levels of ?firms …

Using a sign restrictions approach, we document that total factor productivity (TFP) moves counter-cyclically in the … a New Keynesian DSGE model in which TFP fluctuates endogenously due to time-varying labor effort. The simulations show … that the decline in the output gap, following an adverse shock, is dampened by the endogenously improving TFP as long as …

Using a sign restrictions approach, we document that total factor productivity (TFP) moves counter-cyclically in the … a New Keynesian DSGE model in which TFP fluctuates endogenously due to time-varying labor effort. The simulations show … that the decline in the output gap, following an adverse shock, is dampened by the endogenously improving TFP as long as …